https://www.shadowstats.com/ Tl;Dr. The outlook has changed little. ShadowStats numbers show that the economy remains in a deepening downturn, intensified by ongoing Federal Reserve Rate Hikes. Headline inflation faces a near-term rebound, thanks to the continuing and broadly based excessive growth in the Money Supply and Systemic Liquidity, as triggered by the Fed. Separately, with the Debt Ceiling now eliminated by Congress and the Executive Branch, unfettered Federal Deficit Spending increasingly is adding fuel to the unfolding Inflation. The systemic Inflation is not driven by the Fed’s proclaimed overheating economy. Such an economy simply does not exist, at present.

Shadow stats is a crank blog with absolutely no validity. Choose your debunking source, but the owner of the blog literally just adds an amount to the official rate that he thinks represents the government error. There’s no calculation, there’s no “pre-1980 methodology”, just one dude’s vibes. If the rate has averaged 9% over the past 25 years, you’d be talking about over 750% inflation since 2000. You can buy any manner of new car today for $35k - could you buy a new car for $5k in 2000? Did a gallon of gas cost $0.40/gallon? Could you rent a modern $1,500 apartment for $200/month?

https://www.fullstackeconomics.com/p/no-the-real-inflation-r...